Posted by Boneka > 2018-07-27 10:41 | Report Abuse

Latest news: - The price is between 2.5bil to 2.7bil. Time to takeoff :-)))
"An official source told The Straits Times that the federal government is set to shell out RM1.9 billion (S$637 million) for Splash, out of a total consideration of RM2.5 billion to RM 2.7 billion. Selangor will pay Splash between RM600 million and RM800 million".
http://www.theedgemarkets.com/article/deal-soon-resolve-klang-valley-water-crisis?type=malaysia

Posted by targetinvest > 2018-07-27 10:46 | Report Abuse

Which ever the amount.. kps still stand to get more than rm 700m

Posted by targetinvest > 2018-07-27 10:47 | Report Abuse

Take 2.5b x 30%
Rm 750m ÷ 537m shares
= rm1.39 per share..

Posted by targetinvest > 2018-07-27 10:52 | Report Abuse

This Splash deal is under OSA.. I wonder this official source is really official anot???

Posted by samheong78 > 2018-07-27 10:59 | Report Abuse

2.5b is definitely better than my estimate of 0.8 X 2.8

Posted by samheong78 > 2018-07-27 10:59 | Report Abuse

So KPS worth at least 2.6

Posted by samheong78 > 2018-07-27 11:01 | Report Abuse

PH is fulfilling it's manifesto :)

Posted by param54 > 2018-07-27 11:05 | Report Abuse

hopefully can cross 2.00 today

Posted by Surewind > 2018-07-27 11:06 | Report Abuse

https://www.malaymail.com/s/1656533/report-putrajaya-to-pay-rm1.9b-to-buy-over-splash

Report: Putrajaya to pay RM1.9b to buy over Splash

Posted by Ron90 > 2018-07-27 11:07 | Report Abuse

spalsh them with millions of $$

Posted by samheong78 > 2018-07-27 11:09 | Report Abuse

Later institution prepared fund, then afternoon will flys ...

Posted by dalpinia > 2018-07-27 11:11 | Report Abuse

https://klse.i3investor.com/blogs/howmuchkpsworth/163544.jsp

Posted by dalpinia > 2018-07-27 11:11 | Report Abuse

RM2.92

Posted by targetinvest > 2018-07-27 11:15 | Report Abuse

nowadays newspaper also like spread rumors.

1st. citing unnamed sources.
2nd. according to singapore straits times

Lolsss!!

Posted by INV3ST0R > 2018-07-27 11:16 | Report Abuse

well to be frank the RM2.92 assumes KPS has no debt which isn't true. KPS has net debt of around RM 500mil

Posted by targetinvest > 2018-07-27 11:16 | Report Abuse

Malaysia political news.. this singapore paper so geng can get first before any other local newspaper?

Posted by Datokim > 2018-07-27 11:24 | Report Abuse

after collecting many counters last 2 days, today its my time to generate profit in many front !!! I will rocking the market in few fronts soon !!

Posted by kevinobc > 2018-07-27 11:26 | Report Abuse

SINGAPORE NEWSPAPER

https://www.straitstimes.com/asia/se-asia/deal-soon-to-resolve-klang-valley-water-crisis

Posted by param54 > 2018-07-27 11:35 | Report Abuse

so much news but no power

Posted by paperplane > 2018-07-27 11:46 | Report Abuse

ok, time to move. sell on news! hahajha

Posted by ks5S > 2018-07-27 11:50 | Report Abuse

buy. don't sell yet.
once announce it bursa, you will regret forever.

Posted by samheong78 > 2018-07-27 11:55 | Report Abuse

every 2 days got news .. so interesting

Posted by ks5S > 2018-07-27 11:55 | Report Abuse

going to test 2.00 again,

Posted by paperplane > 2018-07-27 11:56 | Report Abuse

sure not...hehe. if sold at 2bil...kaput al assumptions

Posted by yip_net > 2018-07-27 11:59 | Report Abuse

I think share price of Rm 2.00 is a maximum for the Splash new ,no more show.

Posted by ks5S > 2018-07-27 12:00 | Report Abuse

join the gang now,
so slow, smoke also cannot smell later.

Posted by ks5S > 2018-07-27 12:02 | Report Abuse

azmin will get khazanah to invest in kps.
kps got bright future....

Posted by samheong78 > 2018-07-27 12:03 | Report Abuse

usually government related stock very well perform. Last time gkent was superb.

Posted by ks5S > 2018-07-27 12:08 | Report Abuse

this counter got good future.
at least 3.50

Posted by kevinobc > 2018-07-27 12:20 | Report Abuse

KPS TARGET PRICE RM2.80

Posted by hollandking > 2018-07-27 12:52 | Report Abuse

LOL. You speculators, look at this.
https://www.malaysiakini.com/news/436155

Minister says no buyout amount fixed for Splash takeover yet

What does it mean, use brain. Buy thing no set price yet, it means u continue waiting long long

Posted by ks5S > 2018-07-27 12:54 | Report Abuse

the offer price leak out, sure the govt denied it now
this things always happened.

Posted by samheong78 > 2018-07-27 13:06 | Report Abuse

It is of course haven't fixed, because haven't sign the agreement.

Posted by samyew1234 > 2018-07-27 13:14 | Report Abuse

1.9 billion, announced d

Posted by IronShirt > 2018-07-27 13:18 | Report Abuse

If you don't pay your electricity and water Bill and Gov. sued you, you think who will win??????

Same here, Syabas under Selangor didn't pay Treated Water Bill (4.2Billion) from Splash and
now Gamuda Sue to "claim back 4.2billion"---you think who will Win

Just because you are PH under Mahathir, water Bills got to be paid too

Posted by IronShirt > 2018-07-27 13:24 | Report Abuse

Selangor Gov got to fork Out the rest of the Balance bcos Syabas owed Splash 4.2billion. 4.2billion
will Bankrupty Saybas and All Syabas asset will change hand to Gamuda+Kps+ Sweet Water----
Expect water Rate to go up 100%

Posted by IronShirt > 2018-07-27 13:26 | Report Abuse

Gamuda is willing( already made offer) to pay 11.2billion for All Selangor water asset

Posted by Stephenloo > 2018-07-27 13:31 | Report Abuse

1.9b is federal government
600m-800m for state government
I confirmed

Posted by samheong78 > 2018-07-27 13:35 | Report Abuse

Hi IronShirt. What's the implication -> Gamuda is willing( already made offer) to pay 11.2billion for All Selangor water asset

Posted by IronShirt > 2018-07-27 13:46 | Report Abuse

Gamuda made Offer during Puncak(syabas)/Selangor under Main Contract----actually current
selangor/splash is the continuation of this "main contract"

Gamuda can pay off KPS and Sweet Water and take over Syabas+ Abbass + Splash and other
water asset for 11.2Billion

I think KPS investors can get a Better Deal from Gamuda------but seriously this is just wishful thinking----this Deal under Selangor is CONFIRMED

Posted by JadeSchira > 2018-07-27 13:47 | Report Abuse

http://www.theedgemarkets.com/article/deal-soon-resolve-klang-valley-water-crisis

Posted by JadeSchira > 2018-07-27 13:47 | Report Abuse

KPS share of deal is 800-900million

Posted by ks5S > 2018-07-27 13:54 | Report Abuse

Oh my god..... the deal is closed and very good...

Posted by ks5S > 2018-07-27 13:57 | Report Abuse

Thanks god for rewarding kps shareholder......

Posted by samheong78 > 2018-07-27 14:04 | Report Abuse

Can someone look at Taliwrk buy queue now and comment, please?

Posted by samheong78 > 2018-07-27 14:05 | Report Abuse

I think institution already approved some funds to buy the stock. Just like what I thought earlier in the morning.

Posted by GemSeekers > 2018-07-27 14:05 | Report Abuse

Selangor will pay Splash between RM600 million and RM800 million.
kps own 30% , that mean only get 180million to 240 million.

Posted by samheong78 > 2018-07-27 14:06 | Report Abuse

Haha very big BUY queue appear then disappear..

Posted by samheong78 > 2018-07-27 14:13 | Report Abuse

Bull gate opening soon ..

Posted by roger3210 > 2018-07-27 14:16 | Report Abuse

GemSeekers, the acquisition will be funded by both federal gov and state government, please get your fact right before you fart. Calling yourself GemSeekers but it seems like you are ShitSeekers, just like Roger123